Barrick Gold Corp. Mining News

Newmont bondholder revolt may put Barrick on hook for debt

The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.

Barrick’s deal-making chairman awarded $12.9m in 2018

John Thornton received a $9.74 million bonus on top of his $2.5 million salary, but used most of the after-tax proceeds of the bonus to buy 215,000 Barrick shares, according to a company's filing.

Goldcorp shareholders approve Newmont's $10B takeover offer

The deal also will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.

Newmont's Goldcorp deal wins support of Paulson, VanEck, ISS

After promising to sweeten the pot with the largest dividend in 32 years, Newmont has won over two of its biggest investors to the merits of a $10B merger with Goldcorp.

Argentina mining gets Macri boost as tough election looms

Argentina is eyeing its first major new mining project in two decades, nudged forward by President Mauricio Macri’s market-oriented policies.

Bristow taking Barrick helm aids talks, Tanzania AG Says

A multibillion-dollar tax dispute between Barrick Gold Corp. and Tanzania's government could be resolved by May.

Global Exploration Snapshot: The Americas, West Africa and Australasia remain popular

A look at eight majors and juniors exploring for gold worldwide.

Reunion Gold completes resource estimate on Nivre in French Guiana

The Nivre deposit contains 18.9 million indicated tonnes grading 1.09 grams gold per tonne for 665,000 ounces of gold.

Once-mighty Canadian mining losing ground to global competitors

Mega-mergers by Canada’s two largest gold companies, Barrick Gold Corp. and Goldcorp Inc., stand to erode its global influence.

Barrick CEO calls Nevada JV talks with Newmont 'constructive'

Major shareholders have pushed for a Nevada JV, expressing concern a full combination of both companies could be too complex.

Top Barrick shareholder urges joint venture in Nevada with Newmont

The companies are meeting on Tuesday in New York to discuss Newmont's proposal for the joint venture.

Newmont CEO eager to meet with Barrick – but not about merger

After more than a week of tough talk firing back and forth, the leaders of the two biggest gold producers are finally coming to the table.

What Humphrey Bogart can teach the gold diggers

Barrick and Newmont have far more to gain from cooperating than bickering with each other.

Miners' 'lifeblood' looks poised to flow back following pot craze

"The current market is reminiscent of the late 90’s and early 2000’s."

Barrick said to have no intention to raise Newmont offer

The world’s two largest gold producers have spent this week making their cases to their biggest investors, most of whom own shares in both companies.

Newmont is right to be reserved about Barrick

A deal doesn’t give Newmont shareholders anything they don’t already have.

'Loser' vs 'anemic': Barrick's Newmont bid starts on toxic note

The tough talk underscored deep personality and cultural differences between the world’s two biggest gold producers.

Ex-Goldman banker may finish huge gold deal five years later

The man proposing to buy Newmont Mining Corp. in the world’s biggest gold takeover is the same person who was blamed for the deal falling apart five years ago.

Barrick CEO says he'll run Newmont's mines better than they can

"Mark has never run a global portfolio. In fact, I’d say none of his team have run a global portfolio like what we have in place."

Michael Klein strikes gold from Canada to Saudi Arabia

Klein won’t have to share his fees with other large U.S. or European investment banks.

Gold’s distracted lovers need to go cool off

It’s tempting to wish Barrick and Newmont would just get a room and end the speculation.

Barrick's cost of doing business could shoot up with Acacia deal

Will officials in Tanzania and other countries push to nationalize their resources as the trend continues to gain traction around the world.

Barrick’s CEO visits Papua New Guinea to support extension of Porgera mining lease

“Without the security of an extended mining lease, it would be difficult to justify further significant investments in the mine,” a statement by the Canadian miner reads.

Barrick CEO says cuts to take miner beyond Thornton’s path

Mark Bristow, known throughout the gold industry for his relentless focus on costs, is counting on his belt-tightening skills to take Barrick Gold Corp. to the next level.

Barrick CEO on Zambia tax dispute: Threats don't solve problems

“We don’t believe that threatening one’s partner is a constructive way to go about solving problems.”